VP - Consumer Banking Group Audit

DBS Bank; Mumbai City; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

DBS Bank, Mumbai, seeks an experienced auditor for its Consumer Banking Group Audit Function. You will conduct end-to-end audits across mortgage, property, CASA, credit cards, treasury and risk controls, ensuring robust internal controls.

The role requires leading audit plans, evaluating control design, and communicating findings to senior management; 10 years of banking/auditing experience and professional certifications preferred.

Qualifications

• Bachelors degree in Banking/Finance Management or related discipline.
• Masters degree preferred.
• CA/CPA/ACA/CIA/CFA/FRM or similar certifications preferred.
• AML certifications CAMS or IA Diploma in AML would be an advantage.
• 10 years of relevant auditing experience in banking/risk management.
• Experience planning and leading risk-based audits in India.
• Strong data analytics and communication skills.

Responsibilities

• Conduct end-to-end audits in Consumer Banking Group portfolio.
• Plan and coordinate end-to-end audits, including reporting within established timelines.
• Evaluate the design and operating effectiveness of processes and controls and develop appropriate tests.
• Escalate issues appropriately and timely.
• Ensure concise and clear audit findings and reports are presented on a timely basis.
• Keep abreast on regulatory, industry, product development and business process changes.
• Build data analytics and solutions usable by Internal Audit and business partners.

Skills

Audit planning

Risk assessment

Stakeholder management

Data analytics

Financial instruments knowledge

Regulatory knowledge

Communication skills

Education

Bachelor's degree in Banking/Finance Management or related discipline

Masters degree preferred

CA/CPA/ACA/CIA/CFA/FRM or similar certifications preferred

AML certifications CAMS or IA Diploma in AML advantageous

Job description

Consumer Banking Group Audit Function, Group AuditDescriptionBusiness FunctionGroup Audit helps the Board and Executive Management meet the strategic and operational objectives of the DBS Group. We conduct independent checks to ensure that the Groups risk and control processes are adequate and effective. All our team members are highly sought-after professionals who work as trusted advisors to our clients, in all matters related to a companys internal controls. In this function, we look after a portfolio for audit coverage of Consumer Banking Group Business (which includes and not limited to Mortgage, Loan against property, CASA, Credit cards etc), Treasury & Markets business, Risk function (including Market, Liquidity and Operational risk management) Control Functions (Finance, Compliance, Financial crime and Regulatory reporting) and other support functions (such as Human Resources, Procurement Services.)

Responsibilities

• Conduct end-to-end audits in the above audit portfolio.
• Plan and coordinate end-to-end audits, including reporting within established timelines.
• Evaluate the design and operating effectiveness of processes and controls and develop appropriate tests to be conducted and ascertain the level of testing of controls required.
• Escalate issues appropriately and timely.
• Ensure concise and clear audit findings and reports are presented on a timely basis.
• Keep abreast on the development of regulatory, industry, product development and business process changes through continuous monitoring and auditing.
• Build data analytics and solutions that can be reused continuously by both Internal Audit and other business partners.

Qualifications

• Bachelors/University degree (Banking/Finance Management or in any other related discipline)
• Masters degree preferred
• Chartered Accountant and related certifications (CPA, ACA, CFA, CIA, FRM or similar) preferred
• Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage.

Experience

• 10years of relevant auditing/accounting/banking product audit or equivalent experience in risk management processes.

Skills and Requirements

• Plan, lead and perform risk-based audits in India providing coverage for above portfolio.
• Ability to work effectively with multiple priorities and to determine the most appropriate solution based on organisational and stakeholder needs.
• Self-motivated, takes initiatives and demonstrate the ability to work independently or as team lead or member of the audit team.
• Evaluate internal controls design for its effectiveness and identify gaps from the review of business processes in accordance with the annual audit plan, audit methodology and IIA standards.
• Good working knowledge of financial instruments, risk management and possess a good controls mindset.
• Well-developed written and verbal communication and presentation skillsAbility to be efficient in data management with logical thinking, analytical, and problem-solving skills Thorough knowledge of banking principles, procedures, regulations, policies, and functions.